Description

    1840 Seated Liberty Dollar, PR62
    Rare First Date of Design, Ex: Queller

    1840 $1 PR62 PCGS. CAC. The Seated Liberty design was introduced on silver dollars in 1840, and an unknown, but undoubtedly small, number of proof examples was struck for collectors. Experts estimate the initial mintage at 20-30 pieces, but Walter Breen believed additional specimens were struck at a later date. The existence of restrikes is controversial, and population data coincides well with the initial estimate, when adjusted for resubmissions and crossovers. Currently, PCGS has certified only this specimen in PR62, with nine finer, while NGC has graded five examples in PR62, with 20 pieces finer (9/11).
    The present coin is a sharply detailed PR62 example, with spectacular dark apricot toning covering both sides. The surfaces are moderately reflective, typical of the proofs of this era, underneath the toning.
    Ex: The Queller Family Collection of Silver Dollars (Heritage, 4/2008), lot 2137, realized $17,825.(Registry values: N7079) (NGC ID# 24ZP, PCGS# 6981)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Milly Chaykin Collection ]

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    Auction Dates
    October, 2011
    13th-16th Thursday-Sunday
    Bids + Registered Phone Bidders: 5
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